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Landsbankinn: Chooses Salt Edge to become PSD2 compliant
BankingBusiness
Less than 1 min.Read

Landsbankinn: Chooses Salt Edge to become PSD2 compliant

Laura M
By Laura M

Landsbankinn: Chooses Salt Edge to become PSD2 compliant

  • Landsbankinn offers a full range of financial services and is the market leader in the Icelandic financial service sector
  • Salt Edge is a financial API platform with PSD2 and open banking solutions
  • Joined forces with Salt Edge, a pioneer in open banking, to comply with Icelandic law on the PSD2 legislation
  • The new Act on Payment Services, which transposes the European PSD2 into Icelandic law, entered into force on November 1, 2021
  • Once the regulation accompanying the Act is fully implemented, banks and fintech will get authorized access to customer
  • The Act enhances competition and consumer protection in financial markets and supports innovation in the payment market

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